Study On Upgrading Of Northeast China's Equipment Industry By Combination Of Industry And Finance

Since 2015,the three northeastern provinces of the economy went down significantly,in 2016,only Liaoning Province's economic growth rate is negative.Northeast has been the first march of China's industrial,industrial base solid,resource resources,equipment manufacturing industry is more developed.The face of economic downturn,how to revive the northeast old industrial base equipment manufacturing industry glory,is a new round of revitalization of the Northeast must solve the problem.The world's economic development track has repeatedly proved that a strong equipment manufacturing industry is the country and the nation's strong roots.With the deepening of the process of economic globalization,the developed countries have been the first one to open the equipment manufacturing industry as the core of the economic development strategy deployment such as the German industry 4.0,the United States re-industrialization and a series of initiatives to be implemented.For the developed countries,the strength of the equipment manufacturing industry is derived from the combination of production and financial.The combination of industry and finance in the broad sense refers to the integration of industrial capital and financial capital in the form of equity and personnel participation.In recent years,the majority of large central enterprises have shown a combination of industry and financial favor,holding commercial banks,China's financial integration and rapid development."China made 2025" means that China's manufacturing strategy to start a strong start.At present,China's equipment manufacturing industry is not strong,its fundamental,the lack of scientific and technological research and development capabilities,and the lack of scientific research is the main factor is the lack of low-cost funds stable source.The experience of developed countries shows that the combination of industry and financial is to promote the rapid development of industrial capital,"good recipe."Based on the related literature,this paper analyzes the effect of the combination of industry and finance on the upgrading the equipment manufacturing industry,and takes Liaoning Province as an example to analyze the effect on the combination of industryand finance on the development of equipment manufacturing industry.On this basis,combined with the experience of foreign countries in the integration of industry and trade,and finally the Northeast equipment manufacturing industry combined financial policy recommendations.